Approved Trade Source Systems

SwapClear transactions must be submitted to LCH for clearing via an Approved Trade Source System (as defined in the applicable LCH rulebook).  

Below is a list of Approved Trade Source Systems for SwapClear:

  • MarkitWire*
  • Bloomberg*
  • TradeWeb
  • TrueEX
  • Tera Exchange
  • Traiana*

*middleware providers

 

Execution Venues and Connectivity

SwapClear is able to receive matched trades from a number of execution venues, including Swap Execution Facilities (SEF) or Derivatives Contract Markets (DCM). These execution venues may connect via SwapClear's proprietary direct connectivity platform as an Approved Trade Source System, or connect indirectly via a middleware provider that is an Approved Trade Source System, such as MarkitWire or Bloomberg.  

See below for list of the venues currently onboarded to SwapClear and their connectivity mode: